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Bengal police arrests film producer in fake investment app scam

Bengal police arrests film producer in fake investment app scam

India Today19 hours ago

The West Bengal police has arrested Bengali film producer Prosenjit Ranjan Nath in connection with a Rs 36 lakh investment fraud case. According to CID officials, Nath, who was previously a software engineer, received nearly half of the defrauded amount in his personal bank account, establishing his direct involvement in the scam.'Arrested accused Prosenjit Ranjan Nath received around Rs 18 lakh among the total scammed amount into his own bank account, which showed his direct link with the fraud and that led to his arrest,' a West Bengal CID source told India Today.advertisementThe fraud reportedly began a few years ago through a replica mobile application of a popular investment platform. The complainant came across the app via a Facebook advertisement and was later added to a WhatsApp group, where members lured him with promises of high returns through stock market investments. The group shared multiple fabricated stories of supposed beneficiaries, convincing the victim to invest.
The complainant downloaded the app and gradually invested Rs 36 lakh over several months. 'From the beginning, his high-earning profits started reflecting in his app virtually, which insisted him to invest more,' a source said. His suspicion grew only when he attempted to withdraw his earnings and failed repeatedly.Realising he had been duped, the victim filed a complaint at a cyber police station in North 24 Parganas. The Kolkata High Court later transferred the probe to the CID for a more thorough investigation.advertisementDuring the inquiry, CID officials traced approximately Rs 18 lakh of the stolen funds directly to Nath's bank account. 'While scrutinising the mobile app under scanner, scientific evidence and analysis also suggest the direct involvement of the accused into the scam,' a CID source revealed.Following confirmation of his location, CID officials arrested Nath from the Alipore area in Kolkata on Wednesday. Investigators are also probing the roles of other individuals connected to the case. Raids are underway to apprehend additional suspects.Prosenjit Ranjan Nath, a resident of Madurdaha in East Kolkata, is also facing an ongoing domestic violence case filed by his wife.- Ends
IN THIS STORY#West Bengal

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